2021 exports expected to grow 17%, most in 12 years - Arkhom(Bangkok Post file photo)Thai exports are expected to grow 17% this year, the highest growth rate in 12 years, the country's finance minister Arkhom Termpittayapaisith said on Monday. Mr Arkhom also told an online forum that gross domestic product next year should grow around 4% or in a range of 3.5% to 4.5%. The economy shrank by 0.3% in the third quarter, as Covid-19 restrictions hit tourism and domestic activity, though the drop was less than expected. Thailand's tourism sector had started seeing a gradual recovery after the country reopened for vaccinated travellers. The agency expects five million foreign travellers next year, compared with 40 million in 2019.

Source: Bangkok Post November 30, 2021 04:12 UTC